Harmony’s open, decentralized network is enabled through the use of the native protocol token - Harmony ONE. The token incentivizes and rewards a variety of participants including developers, validators/stakers, investors, and community members who develop, secure and govern the network. In order to use the network, users pay a small transaction fee denominated in the native Harmony token. Harmony’s scalable, high-throughput protocol is powered by a native token which is used for various forms of payment and participation in the protocol (staking, transaction fees, voting & governance). Harmony uses blockchain to align incentives of different stakeholders, developers and businesses while allowing them to build open marketplaces of fungible and non-fungible tokens and assets. Furthermore, the upcoming application of zero-knowledge proofs will allow Harmony to become a data sharing platform that can overcome the conflicting problem plaguing many information and data markets: that individual market participants’ have mutual distrust to share data but strong desire to acquire data themselves. The Harmony token will function in the following aspects of the protocol: The token is used for staking, which is necessary to participate in the POS consensus & earn block rewards and transaction fees. The token is used to pay for transaction fees, gas and storage fees. The token is used in voting for on-chain governance of the protocol.
Based on Blockchain, AI and Big data, Bitsou has a different approach of data provision compared to other platforms – With its core data technology and own core algorithm, Bitsou provides the following services, including the latest information, overall currency analysis, macro market analysis, visual chart analysis, smart investment tool, multiple functional products of exchange services etc. By making cryptocurrency investment easier and more scientific, Bitsou is known as the Blockchain deep data provider that knows its users. At the entrance of Blockchain ecology, Bitsou provides professional and all-round blockchain data service with its data services and accurate customer traffic and gains profits.